Towering cheek II: billion dollar squatters

Every year, the secretive BAI Communications books hundreds of millions in revenue straight from the government, from the ABC and SBS to be precise. It is one of Australia’s great corporate welfare stories. The national broadcasters outsourced their transmission, that is, they sold their TV towers and hill-top huts to a Macquarie Bank company for … Continue reading Towering cheek II: billion dollar squatters